
This has encouraged the government to set up microgrid plans near hospitals, grocery stores, gas stations, pharmacies, and police stations to tackle any emergency situation. Analyzing a host of these factors, the global microgrid market is expected to record a striking CAGR of over 11% through 2026. Aforementioned insights have been extracted from a report titled, “Microgrid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”,